http://www.gainsy.com/templates/sj_w.../icons/usd.png Daily Forecast: EUR/USD ; EUR/CHF ; EUR/GBP ; EUR/JPY
(GAINSY Technical Analysis)
EUR/USD: Intraday bias in EUR/USD remains neutral and some more consolidations could be seen below 1.3451 temporary top. Further rise is still expected with 1.3205 minor support intact. Prior break of 1.3416 resistance argues that corrective pattern from 1.3710 has likely finished and further rally would be seen to retest this resistance. However, break of 1.3205 will turn focus back to 1.2755 support instead...
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http://www.gainsy.com/templates/sj_w.../icons/usd.png Ichimoku Signal: EUR/USD - Sell at 1.3400
(GAINSY Ichimoku Analysis)
Although the single currency rebounded from yesterday's low of 1.3299, as this week's decline from 1.3453 suggests a temporary top is formed there, reckon upside would be limited to the upper Kumo (now at 1.3388) and 1.3400-10 should hold, bring another decline later, a break of said...
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http://www.gainsy.com/templates/sj_w.../icons/usd.png Elliott Wave Forecast: EUR/JPY - Buy at 131.30
(GAINSY Elliott Wave Analysis)
As the single currency has continued to move higher, adding credence to our view that the rise from 127.97 is still in progress and may extend further gain to 132.40, break there would bring headway towards previous resistance at 132.74, break there would encourage for subsequent rise...
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http://www.gainsy.com/templates/sj_w.../icons/usd.png EUR/USD: Euro Pared Losses On Upbeat Economic Data, Trading Lower In Asian Session
(GAINSY Fundamental Analysis)
For the 24 hours to 23:00 GMT, EUR gained 0.11% against the USD and closed at 1.3356, drawing support from the latest batch of upbeat PMI data from the Euro-zone and Germany...
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(GAINSY Technical Analysis)
EUR/USD: Intraday bias in EUR/USD remains neutral and some more consolidations could be seen below 1.3451 temporary top. Further rise is still expected with 1.3205 minor support intact. Prior break of 1.3416 resistance argues that corrective pattern from 1.3710 has likely finished and further rally would be seen to retest this resistance. However, break of 1.3205 will turn focus back to 1.2755 support instead...
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http://www.gainsy.com/templates/sj_w.../icons/usd.png Ichimoku Signal: EUR/USD - Sell at 1.3400
(GAINSY Ichimoku Analysis)
Although the single currency rebounded from yesterday's low of 1.3299, as this week's decline from 1.3453 suggests a temporary top is formed there, reckon upside would be limited to the upper Kumo (now at 1.3388) and 1.3400-10 should hold, bring another decline later, a break of said...
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http://www.gainsy.com/templates/sj_w.../icons/usd.png Elliott Wave Forecast: EUR/JPY - Buy at 131.30
(GAINSY Elliott Wave Analysis)
As the single currency has continued to move higher, adding credence to our view that the rise from 127.97 is still in progress and may extend further gain to 132.40, break there would bring headway towards previous resistance at 132.74, break there would encourage for subsequent rise...
Follow & Read GAINSY Forex Broker Online
http://www.gainsy.com/templates/sj_w.../icons/usd.png EUR/USD: Euro Pared Losses On Upbeat Economic Data, Trading Lower In Asian Session
(GAINSY Fundamental Analysis)
For the 24 hours to 23:00 GMT, EUR gained 0.11% against the USD and closed at 1.3356, drawing support from the latest batch of upbeat PMI data from the Euro-zone and Germany...
Follow & Read GAINSY Forex Broker Online
*Bonus: GAINSY Forex Broker Promo Video
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases